Salem, MA

Population

Salem has a population of 42,499 people,
according to the Census data for 2016. Compared to 2010, this number has
increased by 1,159 people (2.8%), so we
can confidently say that the dynamics of
the population
growth are positive. If you compare the rate of population growth with the nearest cities, such
as Everett or Beverly, you will find that these cities
have a
population growth of 2,218 and a growth of 1,168 people, respectively (5.3%
and 3% correspondingly)

Race and Ethnicity

Median Household Income

The Salem median household income is $60,690 (according to the US Census Bureau records for 2016 ).
A household income is one of the easiest to understand statistical indicators that is used to evaluate the economy of the city.
Simply put, it is calculated by summarizing incomes of all adult members of the household.
In comparison with the data for year 2010, this figure has increased by $4110 (7.3%).
Compared with the neighboring cities, the median household income in Salem is lower than in Haverhill ($60,888),
but greater than in Peabody ($60,596).
The median household income in Massachusetts is $68,563 (13% higher than in Salem)

Median Property Value

The median property value in Salem is $308,800 (based on US Census Bureau data
for 2016).
This means that half of the houses in the city are more expensive than this figure, and half of other houses are less.
In 2010, the property value was estimated at $313,200 (making a decrease of $4,400 or 1.4% in 6 years).
Here is what the housing market looks like in nearby cities: median property price in Revere is
$313,500, in Abington — $304,900.
Median property value in Massachusetts is $333,100

Poverty Rate

A poverty rate is one of the key economic indicators. It shows the proportion of the population whose income
is less than the poverty line in the area. The lower the number is, the more prosperous the life of society is.
The current poverty rate in Salem is 11.8%. In the neighboring cities,
this figure is as follows: in Malden, 12.1% of the
population live below the poverty line, in Somerville — 10.4%.
The poverty rate in Massachusetts is 8.19%. Based on such indicators as the poverty rate, we assume that
life in Salem is slightly worse than the average for the state.

Median Gross Rent

The median gross rent in Salem is $1,096 a month (as of 2016).
In 2010, this figure was lower — $1,075/mo
(-2%).
Please note, gross rent may include not only the rent payments, but also utility bills and some other building costs.
The median gross rent in the state of Massachusetts is higher at
$1,102 per month (again, data for 2016).
The following median gross rent was registered in the neighboring cities: renters in Beverly pay
$1,102/mo, in Methuen — $1,071/mo.

Rent Burden

The rent burden in Salem is 29.7% (2016).
Rent burden shows what proportion of the household income is spent on rental housing. This data is useful in estimating
the housing affordability in the city. Rent burden in Salem is lower than in the state of Massachusetts,
where the rent burden is 30.3%. In neighboring cities, the situation is as follows:
rent burden is 30.0% in Milton,
and in Newton — 29.6%.

Share of Renter-Occupied Housing

51.9% of housing units in Salem are occupied by renters (2016).
A housing unit means a house, an apartment, a mobile home, a room or any other structure that is used for habitation.
In 2010, the share of renter-occupied housing units was lower — 49.3%.
It seems that now more people live in rented houses in Salem than before.
Neighboring cities have the following shares of renter-occupied housing units: Quincy (52.7%), Revere (50.7%).

Renter Occupied Households

There are 9,546 renter occupied households in Salem (2016).
This is just a rough estimation based on Census and ESRI demographic data. Since 2015, the number of such type of households has
increased by 1% (9,546 households
in 2016 vs. 9,423 in 2015).
Nearby cities have the following renter-occupied housing unit numbers: there are 9,954 households in Everett, 9,132 units in Chelsea.

Evictions

There were 149 evictions reported
in Salem in 2016.
Here are how many evictions were made in nearby cities in 2016 : 160 evictions from housing were made in Somerville, 125 in Peabody.
Reasons for evictions can be different-code violations, violations of the terms of the lease, etc. But often the main reason is the failure to pay the rent on time. That is why a large
number of evictions (especially when there is a tendency to increase this number) may indicate a deterioration of the economy.

Eviction Filings

The total number of eviction cases that were registered in the Salem in 2016 is 359.00.
Please note that some addresses may have multiple eviction cases during the year. Compared to the neighboring cities, Salem has less eviction cases than Chelsea
(421.00 filings in 2016),
more eviction cases than Revere
(354.00 filings).

281 Essex Street Christine Beale, Maria Fitzpatrick and two other residents. Four companies were registered at this address, including Vallier LLC, T's Inc. Three entities are associated with this address, including Deborah Arthur, James F Armstrong. Seven names, including C F Tompkin Co, Life Alive Salem LLC linked to this address via UCC filings. Life Alive Urban Oasis & Organic CafÉ is a license holder connected to this address. Ali Amanat and Mr Vallier Jean-philippe Robert are consignees. Domain ownership info for Natan Alexander and James Armstrong

12 Pope Street Donna Holmes, Eleanor J Norris and two other residents. Four companies were registered at this address, including Guimel Transportation Inc, M & G Property Management LLC. Nine entities are associated with this address, including Valdemir De Souza Lima, Aubrey M Logan. Four names, including Roland A Likaj, Bedard Andrew linked to this address via UCC filings. The parcel owner name was listed as Fronduto Michael. This address was listed as a mailing address of Levy Nelly for parcel ID 1404615000 . Domain ownership info for Erin Karagjozi

Sources and Citations

This research uses data from The Eviction Lab at Princeton University, a project directed by Matthew Desmond and designed by Ashley Gromis, Lavar Edmonds, James Hendrickson, Katie
Krywokulski, Lillian Leung, and Adam Porton. The Eviction Lab is funded by the JPB, Gates, and Ford Foundations as well as the Chan Zuckerberg Initiative. More information is found at evictionlab.org

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